4, LIGHTHORNE RISE, LUTON, LU3 3XG - £540,000

4 LIGHTHORNE RISE is a very large extended detached house of 220m², built sometime between 1983 and 1990. It was last sold for £540,000 in March 2017, which was around 39% above the average March 2017 detached price in the Luton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

4 LIGHTHORNE RISE Sold Prices

Land registry data shows three sales for 4 LIGHTHORNE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 4 LIGHTHORNE RISE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 MAR	£540,000	£387,328	39% above HPI
1998 20 FEB	£190,000	£87,112	118% above HPI
1996 13 AUG	£145,000	£74,467	95% above HPI

4 LIGHTHORNE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 4 LIGHTHORNE RISE sales between August 1996 and March 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 1998 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the March 2017 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 4 LIGHTHORNE RISE?

4 LIGHTHORNE RISE is 220m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 4 LIGHTHORNE RISE lies on this distribution: 97% of detached houses are smaller than 4 LIGHTHORNE RISE, and 3% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 LIGHTHORNE RISE: Plot and Title Map

4 LIGHTHORNE RISE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 4 LIGHTHORNE RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 LIGHTHORNE RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 LIGHTHORNE RISE?

4 LIGHTHORNE RISE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 4 on LIGHTHORNE RISE.